2040 NW 59th Street Seattle, WA $ 2,295,000
2040 NW 59th Street
$ 2,295,000
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2040 NW 59th Street

Seattle, WA, 98107
$ 2,295,000
Baths0.0 Sq 4,928

Monthly Estimate*

$ 14,131

Listed by Inspire Realty
2040 NW 59th Street, Seattle, WA 98107 - Image 1
2040 NW 59th Street, Seattle, WA 98107 - Image 2
2040 NW 59th Street, Seattle, WA 98107 - Image 3
2040 NW 59th Street, Seattle, WA 98107 - Image 4
2040 NW 59th Street, Seattle, WA 98107 - Image 5
2040 NW 59th Street, Seattle, WA 98107 - Image 6
Studio

Multi-Family Home for sale in Seattle, WA

for $2,295,000. This 4,928 square foot home was built in 1969 on a lot size of 0.1148.

Ballard Park 6 is a well-maintained multifamily community in the heart of Ballard. The property features an attractive mix of large 1- and 2-bedroom floor plans, catering to professionals and long-term renters seeking larger layouts in a central, amenity-rich location. The well-appointed interiors position the asset competitively within the submarket while avoiding premium pricing associated with new construction. Ballard ranks among Seattle’s most desirable neighborhoods due to its strong employment access, vibrant retail and dining scene, and proximity to Downtown Seattle. The property’s LR2(M) zoning provides future redevelopment or expansion optionality, offering investors long-term flexibility in a premier submarket.

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Multi-Family Active

Price

$ 2,295,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,434

Style

5-9 Units

Lot Size

0.1148

Year Built

1969

Town/City

Seattle

County/Region

King

MLS | Web ID

2464683

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Year Built 1969
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 104585
Insurance Expense 3631
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Ballard
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions W on NW Market St. Right on 20th Ave. NW. Left on NW 59th St. Property on your right.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Open Parking Spaces 8
Number Of Units Total 6
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Spaces 4
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 15434
Electric Expense 3302
Fuel Expense 2100
Middle/Junior High School Buyer To Verify
Public Remarks Ballard Park 6 is a well-maintained multifamily community in the heart of Ballard. The property features an attractive mix of large 1- and 2-bedroom floor plans catering to professionals and long-ter
Leasable Area 4928
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade true
Units In Building Total 6
Water Sewer Garbage 2000
Property Style 55 - 5-9 Units
Cap Rate 4.56
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Exterior
Exterior Amenities Cement/Concrete
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 12
Foundation Details Poured Concrete
Building Area Total 4928
Lot Size Acres 0.1148
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck High Speed Internet Patio
Parking Uncovered Spaces 8
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2464683
Street Number 1 2040
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* Excluded Features
List By
James Upchurch

Listing Agent

Inspire Realty

Broker

Affordability Calculator

$15,417
Per Month
92%
8%
0%
Monthly Principal & Interest
$14,131
Monthly Property Taxes
$1,286
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100738 Elementary School
3100363 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$2,295,000 Listed Price

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2040 NW 59th Street, Seattle, WA, 98107 is a Multi-Family Home for sale at $2,295,000 with 4,928 sqft and a lot size of 0.1148. 2040 NW 59th Street is a studio with 0.0 baths and was built in 1969. The property's zip code is 98107 which is in Seattle, WA